When it comes to international trade, it is essential to have a standardized system for classifying and identifying different products. This is where the Harmonized System (HS) code comes into play. HS Code 17031050 refers to cane molasses nesi, and in this article, we will explore more about this product and its relevant information.
Cane molasses nesi is a type of molasses derived from sugar cane. It is a thick, dark syrup that is a byproduct of the sugar refining process. Cane molasses nesi is commonly used in the food industry as a sweetener and flavor enhancer. It has a distinct rich and robust flavor that adds depth to various culinary creations.
The bound / MFN (Most Favored Nation) duty rate for HS Code 17031050 is 0.01 cents/kg of total sugars. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This duty rate ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for HS Code 17031050 is liters (L). This unit of measurement is used to determine the volume of cane molasses nesi being imported or exported. It helps in accurately quantifying the amount of product involved in trade transactions.
HS Code 17031050 is eligible for various special tariff preference programs, granting specific countries preferential treatment when it comes to import duties. The following countries and programs offer special rates for the import of cane molasses nesi:
These special tariff preference programs aim to promote economic cooperation and trade between participating countries, fostering mutually beneficial relationships.
HS Code 17031050 cane molasses nesi can be imported into the following US state:
There is no specific information available regarding the exporting US states for HS Code 17031050 cane molasses nesi. It is important to consult with relevant authorities and trade partners to determine the exporting states for this product.
HS Code 17031050 represents cane molasses nesi, a versatile product used in the food industry. Understanding the HS code and its associated information is crucial for international trade, ensuring accurate classification, and facilitating smooth cross-border transactions. The duty rates, quantity units, and special tariff preference programs further define the import-export dynamics of cane molasses nesi, allowing for beneficial trade relationships among countries.